Pantnagar

FEATURED ARTICLES ABOUT PANTNAGAR - PAGE 2

NEW DELHI: Engineering major Bhel has received a Rs 30-crore turnkey order for setting up a 220 kv grid substation at Pantnagar in Uttaranchal. The project, aimed at improving the power supply in Pantnagar and its adjoining areas, will be commissioned by the public sector company in 12 months. Uttaranchal Power Corporation Ltd, which placed the order on Bhel, had earlier given the public sector company a contract for setting up a 220 kv grid substation to cater to power requirement of the upcoming industrial area in Haridwar.

Watch-to-jewellery retailer Titan Industries on Monday said it had begun commercial production at a new integrated jewellery unit in Pantnagar. The Bangalore-headquartered firm had set up this unit in the excise free zone of Pantnagar in Uttarakand, UP last Thursday. The company said it has invested approximately Rs 15 crore in the facility which will be used to manufacture studded jewellery. It estimates to achieve revenue of Rs 250 crore during the financial year 2012-13.

DEHRA DUN: Tata Motors, which has already started interim production of Nano car from Pantnagar in Uttarakhand, is also planning to set up a small permanent production unit of the world's cheapest car in the industrial town. "Tata Motors officials have conveyed to us that they are considering to set up a small permanent production unit of Nano in Pantnagar," Chief Secretary I K Pande said. Although Tata Motors decided to set up the mother plant of Nano at Sanand, Gujarat, its interim production has already started in Pantnagar, where the auto major produces Ace mini trucks.

DEHRADUN: Tata Motors' delayed Nano project has got a boost with the Uttarakhand government providing the company an additional 45 acres of land at its Pantnagar facility. "The state government has taken a decision to provide 45 acres of land to the Tata Group at Pantnagar, where it is already manufacturing Ace (mini) trucks and few parts of the Nano," State Chief Secretary I K Pandey said. The decision was taken at a high-powered meeting held chaired recently by the state Chief Minister B C Khanduri, he added.

CHANDIGARH: A special economic zone (SEZ) is to be set up at Pantnagar in Uttaranchal over 2,500-3,000 acres of land along with a new ski resort in Kumaon preferably at Munsiyari. Plans are also afoot to house the SEZ with an inland container depot(ICD) and there is also talk of developing the Pantnagar airport into a state-of-the-art airport with the facility to land wide bodied jets. The proposed SEZ project would entail an investment of nearly $2.5 billion or Rs 25,000 crore. To make this happen, Mr Farid Arifuddin, representing consortium comprising majors like Herterf of Germany; Meteksan Sistem of Turkey; Ooms Averhorn, Netherlands; Adani Exports and Vavasi Telegence today held parleys with Uttaranchal CM ND Tiwari in Dehra Dun. The consortium proposes to set up an special economic zone (SEZ)

NEW DELHI: Hinduja group flagship company Ashok Leyland has put 'on hold' the proposed Rs 700-800-crore investment at its facility in Pantnagar and its mother plant at Chennai owing to slowdown in the domestic market. Ashok Leyland sales fell 12.5% to 35,302 vehicles in the April-October period with buses and medium and heavy truck sales posting maximum decline. The company has cut production to a four-day week in tune with slowing demand. Ashok Leyland's CFO K Sridharan told ET: "We have scaled down our investment plans for the next fiscal.

MUMBAI: After the Singur crisis, Tatas, it is learnt, are looking for a mother plant site. The front runners are Dharwad (Karnataka), Haryana, Gujarat, Himachal Pradesh and Pune. The existing plants will be a stop-gap arrangement till the company is able to identify a location for the mother plant. Meanwhile, Tatas maintain that the company will try and stay as close to the launch date, which is scheduled anytime between October and December. Initially, a small number of Nanos will be produced in Pantnagar and Pune (earlier decided as satellite plants)

The Tata Nano, arguably the world's cheapest car, is getting a quick makeover, a third one after it was launched in 2009. This time around, the company is planning to pack the little Nano with more punch. In the works is an 800 cc engine, while a diesel option is also under consideration. The move comes on the back of slack sales, which touched a low point in November, when the company managed to sell barely 3,500 cars against a target of 10,000. People who are closely associated with the project say an all-new Nano could hit the roads in another 12 months with a price tag of around Rs 2.5 lakh for the base petrol version.

NEW DELHI: Auto ancillary firm Jamna Auto Industries will invest Rs 120 crore for setting up two greenfield manufacturing units and modernising existing facilities, as it expects demand from overseas and domestic markets to spur topline over Rs 1,000-crore mark by 2010-11. The company would invest in setting up two new facilities -- one each at Jamshedpur in Jharkhand and Pantnagar in Uttaranchal -- to manufacture multi leaf springs and parabolic leaf springs for automobile companies in India and abroad.

NEW DELHI: The ongoing impasse at Singur is making Tata Motors' top vendors extremely antsy, prompting plans of either a pullout or a significant scaling down of operations in West Bengal. Even before the company officially announced suspension of construction and commissioning work at Singur on Tuesday evening (ET had reported that Tatas would take a decision on the pullout within a fortnight in the issue dated August 26), a section of Nano vendors had indicated that they were planning to either shift to another Tata Motors' plant location or substantially scale down their presence at Singur.